Business news

Business news • Jul 03

Texas Stock Exchange to launch trading on Monday in test of upstart’s challenge to Wall Street

The exchange represents the most well-funded challenge to the New York Stock Exchange and NASDAQ duopoly of U.S. stock trading.

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Business news • Jul 03

SK Hynix Stock, Samsung Surge as Memory Frenzy Drives KOSPI Rebound

The KOSPI index staged a dramatic, V-shaped recovery Friday—after dropping as low as 7,300 in the morning, South Korea's benchmark ended the session up...

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Business news • Jul 03

AI Data Centers Use Far More Water Than Most Tech Giants Report

Water used at power plants that supply their electricity can be many times as great as the water used in the data centers themselves.

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Business news • Jul 03

Microsoft Disclosure Provides Rare Glimpse of Tax Haven Tactics

A compliance report released by Microsoft this week provided a rare look into how tech giants shift profits out of the countries where they have many...

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Business news • Jul 03

Unemployment dipped, but more people left the workforce: What's going on in the job market?

Look under the hood of Thursday's jobs report, and you'll find some evidence that this remains a tough — or at least weird — labor market for job-seekers.

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Business news • Jul 03

A hot summer trend in the sharing economy? Rental swimming pools

The Airbnb-style company Swimply said there have been about 275000 private pool reservations so far this year.

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Business news • Jul 03

Inside the mind of Kevin Warsh, as told by Condoleezza Rice, Jerry Yang and Donald Kohn

The first time former Secretary of State Condoleezza Rice encountered Kevin Warsh was in the 1980s. She was an associate professor of political science at...

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Business news • Jul 03

Extreme heat wave threatens U.S. power grids and July 4 travel

The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the year.

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Business news • Jul 03

Rivian stock spikes following latest update

Rivian shares jumped by double digits after investors got this news.

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Business news • Jul 03

Alberta pitches southern route for West Coast pipeline, with a price tag of $35B or more

Alberta is formally proposing an oil pipeline to the southwest coast of British Columbia for tanker export to Asian markets, in a partnership with...

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Business news • Jul 03

Trump administration moves to gut energy efficiency rules for home appliances

The Energy Department wants to permanently restrict longstanding efficiency mandates, calling them a “scam.”

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Business news • Jul 03

The Hoka Bondi 9, Brooks Ghost 17 and More Podiatrist-Approved Pairs Are on Sale This Weekend—Up to 75% Off

Save up to 75% on running shoes, sandals, flip-flops and more this Fourth of July. Shop Brooks, Hoka, Birkenstock and more popular pairs.

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Business news • Jul 03

World in Brief: America’s jobs market slows; Tesla delivers more cars than expected

After three months of strong employment growth, America's economy added just 57,000 jobs in June, well below analysts' expectations.

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Business news • Jul 03

Canada’s Carney secures deal for pipeline to expand oil exports beyond US

Ottawa says future pipeline will reduce economic dependence on the US amid Donald Trump's trade war.

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Business news • Jul 03

Driver charged with manslaughter after Tesla strikes home, killing 76-year-old

Authorities alleged the driver overrode the car's Full Self-Driving software, which had been in use as he conducted DoorDash deliveries.

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Business news • Jul 03

Child investment ‘Trump accounts’ will accept public stock donations

Companies can donate public stock to new children's investment accounts known as “Trump accounts,” U.S. Treasury officials announced Thursday.

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Business news • Jul 03

Residents sue Microsoft over noise from Mount Pleasant data center

Residents in Mount Pleasant and Sturtevant filed a class action lawsuit against Microsoft over noise during construction of the company's new data center.

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Business news • Jul 03

Best Fourth of July Deals Under $50 on Ninja, Anker and Samsung

Sure, you love burgers but these Fourth of July treats will last longer. More than 90 deals on tech, home essentials and more that'll cost you less than...

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Business news • Jul 03

New York leaders urge 78-degree thermostats as heat strains electric grid

As temperatures climb and air conditioners run full blast, concerns are growing about high demand on New York's electric grid, prompting state and utility...

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Business news • Jul 03

Canada unveils plans for new oil pipeline to break dependence on US

Canada has taken a crucial step towards building an oil pipeline to supply Asia with up to 1mn barrels of crude daily as Prime Minister Mark Carney seeks to...

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